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Search Results 0 to 7 of about 8 (some duplicates have been removed)
all these big prices. >> reporter: california's governor jerry brown agrees it's an emergency. so he authorized an immediate switch to winter blend gasoline which can be more polluting but could soon bring down prices by 15 cents to 20 cents a gallon. relief drivers say they need. >> i had to cut back on the groceries in order to get some gas in order to get to work, get the kids to school. >> reporter: prices went up so quickly last week they sometimes seemed to change by the hour. >> in a week it's gone up about 52 cents. absolutely unprecedented from our perspective. >> reporter: the sharp rise was blamed on the supply squeeze that began after a fire shut down part of a chevron refinery in august. then a power failure knocked out an exxon refinery last week. with both refineries now back in operation, wholesale prices on the stock market have already started going down. when wholesale prices go up, the price at the pump seems to rise immediately. but when wholesale prices drop, there's usually a lag at the pump. so california drivers are likely to be paying near record high prices
stations are paying close to $6 a gallon. on sunday, governor jerry brown ordered the sale of winter-blend gas three weeks early to increase supplies. wall street started off the week on the losing side. the dow jones industrial average dropped 26 points to close at 13,583. the nasdaq fell nearly 24 points to close at 3112. those are some of the day's major stories. now, back to jeff. >> brown: a rare but deadly outbreak of meningitis is raising concerns for thousands of patients nationwide, and sparking questions about the way certain pharmacies are regulated. >> reporter: the outbreak has been linked to tainted steroid injections used to help fight back pain. the medication was distributed by a pharmacy locatedded just outside of boston. the new england compounding center had already recalled the steroid. on saturday it issued a voluntary recall for all of its products from the framingham, massachusetts, site. but it came too late for 105 people who contracted a rare form of fungal meningitis including eight who died. family members say the victims were stricken with little warning
Search Results 0 to 7 of about 8 (some duplicates have been removed)